Seafarer Exploration Corp (SFRX): Seafarer can lose the permit for lack of...

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Seafarer Exploration Corp (SFRX)

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Re: Carini post# 46826

Monday, 05/23/2016 4:53:00 PM

Monday, May 23, 2016 4:53:00 PM

Seafarer can lose the permit for lack of funding.......

The FBAR will be deposed 6/2 and I'm sure they will be asked if Kyle notified them of this development. Maybe I missed it, but I haven't seen this before.

They said in the annual report they plan to return to the current site, but if funding that is difficult why would a new permit be issued?

The FBAR is supposed to be made aware of changes to the permitee's financial condition per Florida statutes.

To be a fly on the wall.

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